[GMC]▬►► GamersCoin | For Gaming and more| Poloniex| Bittrex ◄◄▬ - page 12.

choy

newbie

Activity: 40

Merit: 0

Our consultant has finished the technical review of GMC. Primary feedback relevant to the community is as follows:

Quote

6. 30 Second Block Target is too fast, it leads to high incidence of Orphan Blocks, and renders GMC highly resource intensive for those wishing to host nodes. I would propose a Block Target of 60 or 90 seconds to remedy this situation.

We questioned this further, and were informed as follows

Quote

Recipients of Transactions usually require a number of Confirmations (blocks found) to be equivalent to several minutes hashing. With a Block Target of 30 seconds, a recipient may require 30-60 confirmations before classing a Transaction as safely received. This equates to 15-30 minutes of hashing on the chain.

A change in Block Target to 60 or 90 seconds would equate to recipients requiring 15 or 8 confirmations respectively, which maintains the 15-30 minutes requirement of hashing on the chain.

Real-time Transactions can only be provided by accepting 0-Confirmations, or by utilizing a trusted payment provider.

Reducing resource consumption (Bandwidth, Memory, CPU) and improving efficiency of Mining is of paramount importance to your future.

We welcome further input on this matter.

choy

newbie

Activity: 40

Merit: 0

Quote from: shavers on January 21, 2015, 03:12:49 PM

Quote from: Jonesd on January 21, 2015, 09:47:02 AM

Quote from: darkslash on January 21, 2015, 09:33:10 AM

can we make the price go up already

I am already pretty amazed by the rise. Somebody is keep in price down by dumping large amounts. It's good to see the price is still pretty stable dispute that. :-)

I'm guessing lot of us are amazed by the fact somebody dumped dispute the rise. Early miner? Week hand? Don't think so.

I can assure you that any weak hands who are selling on market are selling to the strongest hands possible. You will notice that any GMC sold has been collected without impacting the price.

Further, the collected GMC is to be put to good use, to create a GMC foundation and to create a large budget to pay for the work which needs to be done to progress this currency.

We are in discussions with a number of projects and people, and the time is fast approaching where a new roadmap needs created and published, something which we can all gather around to pick up momentum.

A team is being assembled to form the GMC Foundation, if you have interest and availability please make contact posthaste.

shavers

sr. member

Activity: 439

Merit: 288

Quote from: Jonesd on January 21, 2015, 09:47:02 AM

Quote from: darkslash on January 21, 2015, 09:33:10 AM

can we make the price go up already

I am already pretty amazed by the rise. Somebody is keep in price down by dumping large amounts. It's good to see the price is still pretty stable dispute that. :-)

I'm guessing lot of us are amazed by the fact somebody dumped dispute the rise. Early miner? Weak hand? Don't think so.

choy

newbie

Activity: 40

Merit: 0

Quote from: tdokta on January 21, 2015, 03:12:41 AM

Quote from: choy on January 20, 2015, 03:35:40 PM

My employer wishes to form an GMC Foundation run by community members to stabilize the future development of GMC.

His condition is that foundation must have 5 active members who will work to move the project forward. This foundation is to be transitioned in to as my contract comes to an end.

I hereby seek offers of interest from people who may wish to lead the foundation. To fulfil the same role as Armis from EMC2 fills.

1,000,000 GMC, more than 2% of the currency, will be bought and given to the foundation once 3 people step forward.

^^ do you mean GMC Foundation ?

Yes

Jonesd

legendary

Activity: 1876

Merit: 1014

Quote from: darkslash on January 21, 2015, 09:33:10 AM

can we make the price go up already

I am already pretty amazed by the rise. Somebody is keep in price down by dumping large amounts. It's good to see the price is still pretty stable dispute that. :-)

darkslash

full member

Activity: 238

Merit: 100

can we make the price go up already

tdokta

full member

Activity: 159

Merit: 100

Quote from: choy on January 20, 2015, 03:35:40 PM

My employer wishes to form an EMC2 Foundation run by community members to stabilize the future development of GMC.

His condition is that foundation must have 5 active members who will work to move the project forward. This foundation is to be transitioned in to as my contract comes to an end.

I hereby seek offers of interest from people who may wish to lead the foundation. To fulfil the same role as Armis from EMC2 fills.

1,000,000 GMC, more than 2% of the currency, will be bought and given to the foundation once 3 people step forward.

^^ do you mean GMC Foundation ?

choy

newbie

Activity: 40

Merit: 0

Any further proposals for name change?

choy

newbie

Activity: 40

Merit: 0

My employer wishes to form an GMC Foundation run by community members to stabilize the future development of GMC.

His condition is that foundation must have 5 active members who will work to move the project forward. This foundation is to be transitioned in to as my contract comes to an end.

I hereby seek offers of interest from people who may wish to lead the foundation. To fulfil the same role as Armis from EMC2 fills.

1,000,000 GMC, more than 2% of the currency, will be bought and given to the foundation once 3 people step forward.

choy

newbie

Activity: 40

Merit: 0

Quote from: leathan on January 20, 2015, 01:56:23 AM

5 dedicated seed nodes are up and running, let me know when I can get me some bounty

then I will work on the gamerscoin 'dns' seeder.

Thank you Leathan, please message me with payment details and I will release the first months funds to you.

Quote from: Jonesd on January 20, 2015, 03:03:53 AM

Good to see you taking the lead in this!

Please message me when you are available so that we can coordinate our work.

Quote from: Armis on January 20, 2015, 12:53:20 PM

Quote from: choy on January 19, 2015, 08:04:34 PM

I have been authorized to allocate 15,000 GMC with a value of 0.15 BTC to be used as a perk on https://www.indiegogo.com/projects/science-study-memory-loss-dueto-sleep-deprivation

We would also like to donate a further 25,000 GMC to the EMC2 foundation.

Could somebody responsible for these matters message me to conduct the transaction.

Dear GMC community,

I received notice that the donation indicated above was received and contributed to the EMC2 crowdfunding campaign
for the advancement of science research.

For those who may be unfamiliar with EMC2, we are a cause-coin that allocates 2% of coins mined to scientific endeavors.
When we find a science project that is particularly interesting we create a crowdfunding campaign to support it. Crowdfunding
with cryptocurrency and cryptocurrency sponsor perks create a powerful vehicle to introduce cryptocurrency to the larger population.

On behalf of the EMC2 community and the crowd funding beneficiary for this project, I thank you for your individual donations and
your ongoing campaign support.

Sincerely,

Armis
President
The Einsteinium Foundation

Foundations cannot offer support if they are not supported.

Armis

hero member

Activity: 588

Merit: 501

Quote from: choy on January 19, 2015, 08:04:34 PM

I have been authorized to allocate 15,000 GMC with a value of 0.15 BTC to be used as a perk on https://www.indiegogo.com/projects/science-study-memory-loss-dueto-sleep-deprivation

We would also like to donate a further 25,000 GMC to the EMC2 foundation.

Could somebody responsible for these matters message me to conduct the transaction.

Dear GMC community,

I received notice that the donation indicated above was received and contributed to the EMC2 crowdfunding campaign
for the advancement of science research.

For those who may be unfamiliar with EMC2, we are a cause-coin that allocates 2% of coins mined to scientific endeavors.
When we find a science project that is particularly interesting we create a crowdfunding campaign to support it. Crowdfunding
with cryptocurrency and cryptocurrency sponsor perks create a powerful vehicle to introduce cryptocurrency to the larger population.

On behalf of the EMC2 community and the crowd funding beneficiary for this project, I thank you for your individual donations and
your ongoing campaign support.

Sincerely,

Armis
President
The Einsteinium Foundation

Jonesd

legendary

Activity: 1876

Merit: 1014

Quote from: choy on January 19, 2015, 11:44:51 AM

Hello Community and Developers,

I have been hired by an independent Investor to liaise with Community Members, other Investors, Developers, and Contract Workers to guarantee GMC reaches full potential. My employer has equipped me with significant resources to make this happen. The vision as relayed, is to sponsor modification of existing games to accept GMC as game credits. Gamers will be able to take their credits to other games, trade them for game items, and use them to gamble on spectator eSports. My role is to make this vision become reality.

A Technical Consultant has been hired to review the configuration of the GMC Block Chain to ensure it is optimized for this purpose, his findings will be published on 2015 01 22.

My employer wishes me to engage the Community in respect to a change of branding, before relaunching the Currency to a broader audience.

Please will those involved message me here to make introductions and organize our endeavour. I can be contacted on weekdays throughout the EST working day. We also need a public communication channel, if one does not exist.

Good to see you taking the lead in this!

leathan

member

Activity: 111

Merit: 101

5 dedicated seed nodes are up and running, let me know when I can get me some bounty

then I will work on the gamerscoin 'dns' seeder.

leathan

member

Activity: 111

Merit: 101

Quote from: choy on January 19, 2015, 08:33:51 PM

Please proceed as you can with creating GMC nodes and contacting pools. Communication by message on bitcointalk until a communication medium is agreed and created.

Your fast response is appreciated.

Oh sorry I thought you wanted a dedicated pool for GMC so I was going to host a dedicated mining pool. Nevermind I do not know any pools since i dont do much mining.

Youghoor

sr. member

Activity: 1036

Merit: 275

Quote from: leathan on January 19, 2015, 09:41:06 PM

Quote from: choy on January 19, 2015, 08:33:51 PM

I have been authorized to provide several bounties to resolve this issue:

25,000 GMC for a working DNS Seeder for GMC provided open source on github. Hosting is not required.

5x 1000 GMC per month for stable seed nodes, each stable GMC node will receive 1000 GMC per month for 12 months.

3x 2500 GMC to source active respectable pools and have them successfully add GMC support. 2500 for each pool.

These bounties have 92,500 GMC total value.

I can do all of those including as many separate hardware nodes as you want. What do you mean by "a working DNS Seeder for GMC provided open source on github."

I will take a look at the source and start soon, just want to talk to someone... can someone message me on IRC?

leathan @ irc.swiftirc.net

Will do in a short period of time.

choy

newbie

Activity: 40

Merit: 0

Quote from: leathan on January 19, 2015, 09:41:06 PM

Quote from: choy on January 19, 2015, 08:33:51 PM

I have been authorized to provide several bounties to resolve this issue:

25,000 GMC for a working DNS Seeder for GMC provided open source on github. Hosting is not required.

5x 1000 GMC per month for stable seed nodes, each stable GMC node will receive 1000 GMC per month for 12 months.

3x 2500 GMC to source active respectable pools and have them successfully add GMC support. 2500 for each pool.

These bounties have 92,500 GMC total value.

I can do all of those including as many separate hardware nodes as you want. What do you mean by "a working DNS Seeder for GMC provided open source on github."

I will take a look at the source and start soon, just want to talk to someone... can someone message me on IRC?

leathan @ irc.swiftirc.net

As I understand it, a "bitcoin-seeder" configured for the GamersCoin network. I will seek further information and reply tomorrow EST.

Please proceed as you can with creating GMC nodes and contacting pools. Communication by message on bitcointalk until a communication medium is agreed and created.

Your fast response is appreciated.

leathan

member

Activity: 111

Merit: 101

Quote from: choy on January 19, 2015, 08:33:51 PM

I have been authorized to provide several bounties to resolve this issue:

25,000 GMC for a working DNS Seeder for GMC provided open source on github. Hosting is not required.

5x 1000 GMC per month for stable seed nodes, each stable GMC node will receive 1000 GMC per month for 12 months.

3x 2500 GMC to source active respectable pools and have them successfully add GMC support. 2500 for each pool.

These bounties have 92,500 GMC total value.

I can do all of those including as many separate hardware nodes as you want. What do you mean by "a working DNS Seeder for GMC provided open source on github."

I will take a look at the source and start soon, just want to talk to someone... can someone message me on IRC?

leathan @ irc.swiftirc.net

choy

newbie

Activity: 40

Merit: 0

I have been authorized to provide several bounties to resolve this issue:

25,000 GMC for a working DNS Seeder for GMC provided open source on github. Hosting is not required.

5x 1000 GMC per month for stable seed nodes, each stable GMC node will receive 1000 GMC per month for 12 months.

3x 2500 GMC to source active respectable pools and have them successfully add GMC support. 2500 for each pool.

These bounties have 92,500 GMC total value.

shavers

sr. member

Activity: 439

Merit: 288

Quote from: clarkz99 on January 19, 2015, 05:48:25 PM

Hi everyone i am new here. I was wondering why the gamers coin wallet only has 1 connection when synchronizing to the network. its been a few days now and i'm still stuck on 33 weeks behind.

You may try to download the latest version of GMC wallet. If that doesn't work try to add nodes. You could do it manually within your wallet (debug window - console) or by adding nodes to your gamerscoin.conf file.

clarkz99

newbie

Activity: 9

Merit: 0

Hi everyone i am new here. I was wondering why the gamers coin wallet only has 1 connection when synchronizing to the network. its been a few days now and i'm still stuck on 33 weeks behind.

Topic: [GMC]▬►► GamersCoin | For Gaming and more| Poloniex| Bittrex ◄◄▬ - page 12. (Read 87844 times)